Vertiv (NYSE:VRT) Trading Up 2.9% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) was up 2.9% on Monday . The stock traded as high as $319.84 and last traded at $311.6670. Approximately 5,298,000 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 6,886,188 shares. The stock had previously closed at $302.87.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on VRT shares. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Mizuho set a $380.00 price objective on Vertiv in a report on Thursday, May 21st. Evercore restated an “outperform” rating and issued a $425.00 price objective on shares of Vertiv in a report on Tuesday, May 12th. Finally, Citigroup raised their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Price Performance

The firm has a market capitalization of $119.71 billion, a price-to-earnings ratio of 78.31, a P/E/G ratio of 1.31 and a beta of 2.04. The company’s 50 day moving average is $316.12 and its 200-day moving average is $244.94. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period last year, the business posted $0.64 EPS. Vertiv’s revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Institutional Investors Weigh In On Vertiv

Hedge funds have recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the last quarter. Sankala Group LLC acquired a new stake in Vertiv during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. lifted its position in Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in Vertiv during the fourth quarter worth approximately $27,000. Finally, Park Place Capital Corp lifted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.